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Open a Demat Account with Sushil Finance Broker | Garv Thakur

 
 
 

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Sushil Finance Demat Account Review

Sushil Finance, founded in 1982 as a sole proprietorship by Mr. Sushil N. Shah, has grown to become a notable Financial Services Company in India. Throughout its early years, the company ranked among the top five brokers in the country, proving its commitment to quality financial services. The founder of Sushil Finance has a lengthy history of serving both individual and institutional investors. Sushil Finance is authorized by the Securities and Exchange Board of India (SEBI), the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE), AMFI, and Central Depository Services Limited (CDSL) to provide a wide range of financial services and products to customers. Sushil Finance provides demat and trading accounts for the purchase and sale of securities in the stock market. Sushil Finance Demat account allows customers to hold securities online in electronic form and track their investment portfolio from anywhere in the world.


Sushil Finance Demat Account Opening Charges 

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC Charges₹300 per Year


Documents Required for Opening Demat Account with Sushil Finance

You need to provide the following documents to open a demat account with Sushil Finance:

  • PAN

  • Aadhaar Card

  • Address proof 

  • Bank account details

  • Signature (on blank white paper)


Sushil Finance Demat Account Benefits

Here are some benefits of having a demat account with the stock broker:

  • Electronic Holding: Demat accounts allow you to hold and manage your securities in electronic form, eliminating the need for physical share certificates.

  • Easy Trading: You can buy and sell stocks and other securities quickly and easily through online trading platforms linked to your Demat account.

  • Secure Storage: Demat accounts provide a secure way to store your investments, reducing the risk of loss, theft, or damage associated with physical certificates.

  • Paperless Transactions: No paperwork is required for stock transactions, making the process more efficient and environmentally friendly.

  • Reduced Costs: You save on stamp duty, handling charges, and other expenses associated with physical share certificates.

  • Portfolio Diversification: Easily diversify your investment portfolio by holding a variety of securities like stocks, bonds, mutual funds, and ETFs in one Demat account.

  • Simplified Record Keeping: Your transactions and holdings are digitally recorded, making it easy to track your investments and tax liabilities.

  • Quick Settlement: Securities settlements are faster in Demat accounts compared to physical certificates, reducing the time between trade execution and ownership transfer.

  • Access to IPOs: Demat account holders often get priority access to initial public offerings (IPOs) and other corporate actions.

  • Nomination Facility: You can nominate beneficiaries for your Demat account, simplifying the transfer of assets in case of your demise.

  • Online Statements: Access your account statements, transaction history, and portfolio details online for easy monitoring.

  • Regulatory Compliance: Demat accounts ensure compliance with regulatory requirements for electronic securities trading.


Sushil Finance Demat Account Closure Details

If you want to close the Sushil Finance demat account, then you can download the account closure form from Sushil Finance's official website. Fill out the account closure form and attach all required documents, then send the account closure form to Sushil Finance. 


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Frequently Asked Questions


To open a demat and trading account with Sushil Finance, you must submit an Aadhar card, PAN card, address proof, income proof, photos, and bank account details.
Yes, Sushil Finance provides investment advice to clients.
Sushil Finance offers multiple platforms for trading, including “The Savashare mobile app”, “Power Trade desktop software”, and “Swift Web Platform”.
No, Sushil Finance does not offer a commodity trading facility.
Sushil Finance has been in operation in the stock market for more than 40 years.
Yes, Sushil Finance offers investment options for NRIs.
Customers can reach Sushil Finance for technical support through the contact number “+91 22 40778060 / 61 / 62 / 63 / 64; +91 22 40934034” or email “ithelpdesk@sushilfinance.com”.
The Key products offered by Sushil Finance are Equities, Mutual Funds, Fixed Income, Insurance, Currencies, Depositary, Loan Against Shares (LAS), Online Trading Platforms, Initial Public Offerings (IPO), NRI Services, Institutional Equities, Foreign Portfolio Investor (FPI), Premier Client Group (PCG), Stock Lending and Borrowing Mechanisms (SLBM), and more.
Sushil Finance is a stock brokerage that offers trading and investment services to its customers.
Yes, Sushil Finance facilitates mutual fund investments for customers.
Anyone can invest in IPOs through Sushil Finance by fulfilling the requirements for applying for an IPO and opening an IPO account.
Customers can reach Sushil Finance for technical support through the contact number “+91 22 40778060 / 61 / 62 / 63 / 64; +91 22 40934034” or email “ithelpdesk@sushilfinance.com”.
Yes, Sushil Finance is registered and regulated by the Securities and Exchange Board of India (SEBI), the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE), and Central Depository Services Limited (CDSL).
Yes, Sushil Finance offers derivatives trading facilities to its customers.
Yes, Customers can invest in international markets through Sushil Finance.
Any customer can access research reports and recommendations from Sushil Finance by opening a demat and trading account.
Yes, Sushil Finance provides insights into market trends and analysis.